Retirement Plans

9 Months Ended

Oct. 01, 2022

Retirement Benefits [Abstract]

Retirement Plans

12 Retirement Plans

The Company sponsors various retirement plans. The components of net periodic benefit cost other than the service cost component are included in other income, net in the consolidated statements of operations. The summary of the components of net periodic pension costs for the plans for the three and nine months ended October 1, 2022 and October 2, 2021 is as follows (in thousands):

	Three Months Ended
	October 1, 2022						October 2, 2021
	U.S. Retiree Healthcare Plan			Non-U.S. Pension Plans			U.S. Retiree Healthcare Plan			Non-U.S. Pension Plans
Service cost	$	226		$	972		$	198		$	1,140
Interest cost		145			327			141			309
Expected return on plan assets		(269	)		(475	)		(248	)		(459	)
Settlement loss		—			139			—			102
Net amortization:
Prior service (credit) cost		(4	)		(31	)		(5	)		13
Net actuarial loss		—			150			8			130
Net periodic pension cost	$	98		$	1,082		$	94		$	1,235

	Nine Months Ended
	October 1, 2022						October 2, 2021
	U.S. Retiree Healthcare Plan			Non-U.S. Pension Plans			U.S. Retiree Healthcare Plan			Non-U.S. Pension Plans
Service cost	$	678		$	3,057		$	663		$	3,447
Interest cost		436			1,034			419			936
Expected return on plan assets		(807	)		(1,505	)		(758	)		(1,389	)
Settlement loss		—			139			—			102
Net amortization:
Prior service credit		(14	)		(100	)		(14	)		(67	)
Net actuarial loss		—			476			8			653
Net periodic pension cost	$	293		$	3,101		$	318		$	3,682

During fiscal year 2022, the Company expects to contribute a total of approximately $3 million to $6 million to the Company’s defined benefit plans.